SONY - What's Going On With GameStop Stock Thursday? | Benzinga
GameStop Corp (NYSE:GME) stock has lost close to 16% this week following its annual shareholder meeting, where CEO Ryan Cohen emphasized a strategic pivot towards profitability through cost reduction.
Cohen also emphasized the need to avoid the “hype” associated with the meme-stock frenzy, Bloomberg reports.
Also Read: Short Seller Citron Closes Short Position In GameStop, Says ‘It Respects Market’s Irrationality’
Cohen attempted to transform GameStop from a failing brick-and-mortar store into a digital storefront for the latest game ...